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Marmota diamond drilling at Aurora Tank off to a flying start

22 September 2021
Rueben Hale

Marmota Limited has resumed diamond drilling at its flagship Aurora Tank gold discovery near the million-plus ounce Challenger Gold Mine in South Australia’s Woomera Prohibited Defence Area.

The SA-based gold and uranium explorer, which also holds 100% of the uranium rights to the Junction Dam uranium tenement adjacent to the Boss (BOE) Honeymoon uranium mine, has intersected grades over 100g/t gold over 1m in 4 separate programs at Aurora Tank, and most recently the best ever result of 165 g/t gold over 1m.

Drilling at the site stopped last month after problems were experienced with a rig..

“Marmota has acted with amazing speed and has been most fortunate to lock in a suitable diamond rig at such short notice to complete the program, especially during state border closures,” chairman Dr Colin Rose said.

“We are extremely grateful to the drill team for mobilising so quickly to site from Mildura, and to the South Australian Government and SA Health for expediting the necessary border clearances, and which also reflect the advantages of working on a remote site in today’s world.”

The company said a larger reverse circulation program at the site is already being planned to follow.

The company’s Australian Stock Market-listed was 4.8c today (11:53 am GMT+ 8 hours).

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